Newly released data shows that PayPal is up to five times more fraud-prone than regular credit cards, based on statements made by eBay to the Australian ACCC last year.
Financial Fraud Action UK, the voice of the industry in the UK for financial fraud matters, (previously known as APACS) has published the latest payment industry fraud [...]

Whilst the overall global economy has been at the forefront of financial news so far this year, I’ve noticed that the news-feeds are rapidly filling up with an ever-increasing number of stories focussed on the US Credit Card Industry.
I’m not talking about panic depression about financial performance indicators and quarterly results worse than even eBay’s, [...]

The biggest data breach ever disclosed was announced on Tuesday, January 20th.
A major payment processor, which claims that 40% of their processed transactions are from restaurants across the USA, admitted that tens of millions of credit and debit card transactions were compromised.
This data breach disclosure event follows two other data breach events, in 2008, [...]

They may not be the payments service name on everyone’s lips, but iKobo have been around for many years and have strong customer support (buyer and seller, as well as personal transfer senders and receivers) in many of the areas outside of core operation zones for more well known names.
Once again they are offering their [...]

A recent Auctiva Edu blog post caught my eye, while preparing for a week on BuildaSkill looking at the bank plastic industry and it’s future for small businesses.  The Auctiva post begins -
Paper or plastic? Customers are used to hearing this question at their local grocery stores, but they also want the option when [...]

Technology Strategies International has released a report titled “Canadian Payments Forecast – 2009″.
The report forecasts that the Canadian debit and credit card market will be hit by the decline in personal expenditure on consumer goods and services as a result of the economic downturn, but over the long term both forms of payment will command [...]

This week in the Bloggosphere and beyond … I’m out of bed early today, so it’s another bumper issue week, with a focus on the payments industry and how it is coping with the global economic crisis, and the knock-on effects to online retailers and auction sellers.  There’s a heavy emphasis on how US consumers, [...]